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A collaborative report titled “Hyderabad’s Residential Renaissance: Dissecting the City’s Transforming Housing Landscape” was produced by CBRE South Asia Pvt. Ltd. and CREDAI-Telangana. The high-end residential segment (₹1-2 crore and above) now accounts for over 50% of sales from CY 2022 onwards, up from about 30% till CY 2021, according to the report, which signals a substantial shift in the city’s housing industry. Prior to the pandemic, fewer than 20% of new releases in this market were made annually; after 2022, however, this percentage has increased to 55–65%.
On the other hand, Hyderabad’s mid-segment residential sales, which range from ₹45 lakhs to ₹1 crore, have significantly decreased from their 50% share until CY 2021 to less than 25% in H1 2024. In a similar vein, the mid-segment’s percentage of new launches has decreased to about 25% from 60–70% during the pre-COVID era.
In terms of new releases, the mid-end (₹45 lakhs to ₹1 crore) category has historically dominated Hyderabad’s residential market. But following COVID, there has been a discernible movement in recent years towards the high-end (₹1-2 crore) market, fuelled by growing disposable incomes and changing consumer preferences.
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Construction, Infrastructure and Mining
General News Platforms – IHTLive.com
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On the other hand, Hyderabad’s mid-segment residential sales, which range from ₹45 lakhs to ₹1 crore, have significantly decreased from their 50% share until CY 2021 to less than 25% in H1 2024. In a similar vein, the mid-segment’s percentage of new launches has decreased to about 25% from 60–70% during the pre-COVID era.
In terms of new releases, the mid-end (₹45 lakhs to ₹1 crore) category has historically dominated Hyderabad’s residential market. But following COVID, there has been a discernible movement in recent years towards the high-end (₹1-2 crore) market, fuelled by growing disposable incomes and changing consumer preferences.
Group Media Publication
Construction, Infrastructure and Mining
General News Platforms – IHTLive.com
Entertainment News Platforms – https://anyflix.in/
Legal and Law News Platforms – https://legalmatters.in/
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